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Side-by-side financial comparison of CECO ENVIRONMENTAL CORP (CECO) and Excelerate Energy, Inc. (EE). Click either name above to swap in a different company.

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($433.4M vs $205.9M, roughly 2.1× CECO ENVIRONMENTAL CORP). On growth, Excelerate Energy, Inc. posted the faster year-over-year revenue change (37.6% vs 16.5%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (53.8% CAGR vs 22.4%).

CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

CECO vs EE — Head-to-Head

Bigger by revenue
EE
EE
2.1× larger
EE
$433.4M
$205.9M
CECO
Growing faster (revenue YoY)
EE
EE
+21.0% gap
EE
37.6%
16.5%
CECO
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
53.8%
22.4%
CECO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CECO
CECO
EE
EE
Revenue
$205.9M
$433.4M
Net Profit
$50.0M
Gross Margin
31.0%
Operating Margin
0.9%
18.9%
Net Margin
11.5%
Revenue YoY
16.5%
37.6%
Net Profit YoY
-4.1%
EPS (diluted)
$0.98
$0.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CECO
CECO
EE
EE
Q1 26
$205.9M
$433.4M
Q4 25
$214.7M
$317.6M
Q3 25
$197.6M
$391.0M
Q2 25
$185.4M
$204.6M
Q1 25
$176.7M
$315.1M
Q4 24
$158.6M
$274.6M
Q3 24
$135.5M
$193.4M
Q2 24
$137.5M
$183.3M
Net Profit
CECO
CECO
EE
EE
Q1 26
$50.0M
Q4 25
$3.1M
Q3 25
$1.5M
Q2 25
$9.5M
Q1 25
$36.0M
Q4 24
$4.9M
Q3 24
$2.1M
Q2 24
$4.5M
Gross Margin
CECO
CECO
EE
EE
Q1 26
31.0%
Q4 25
35.1%
Q3 25
32.7%
Q2 25
36.2%
Q1 25
35.2%
Q4 24
35.8%
Q3 24
33.4%
Q2 24
35.7%
Operating Margin
CECO
CECO
EE
EE
Q1 26
0.9%
18.9%
Q4 25
7.7%
22.2%
Q3 25
4.8%
22.3%
Q2 25
9.7%
21.2%
Q1 25
35.0%
20.9%
Q4 24
7.1%
21.9%
Q3 24
5.3%
30.9%
Q2 24
6.7%
27.2%
Net Margin
CECO
CECO
EE
EE
Q1 26
11.5%
Q4 25
1.4%
Q3 25
0.8%
Q2 25
5.1%
Q1 25
20.4%
Q4 24
3.1%
Q3 24
1.5%
Q2 24
3.3%
EPS (diluted)
CECO
CECO
EE
EE
Q1 26
$0.98
$0.37
Q4 25
$0.09
$0.24
Q3 25
$0.04
$0.43
Q2 25
$0.26
$0.15
Q1 25
$0.98
$0.46
Q4 24
$0.14
$0.42
Q3 24
$0.06
$0.35
Q2 24
$0.12
$0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CECO
CECO
EE
EE
Cash + ST InvestmentsLiquidity on hand
$45.4M
$540.1M
Total DebtLower is stronger
$5.3M
$23.7M
Stockholders' EquityBook value
$317.2M
$2.3B
Total Assets
$1.0B
$4.1B
Debt / EquityLower = less leverage
0.02×
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CECO
CECO
EE
EE
Q1 26
$45.4M
$540.1M
Q4 25
$33.1M
$538.2M
Q3 25
$32.8M
$462.6M
Q2 25
$36.8M
$426.0M
Q1 25
$146.5M
$619.5M
Q4 24
$37.8M
$537.5M
Q3 24
$38.7M
$608.4M
Q2 24
$36.5M
$609.1M
Total Debt
CECO
CECO
EE
EE
Q1 26
$5.3M
$23.7M
Q4 25
$212.4M
$936.3M
Q3 25
$220.9M
$942.0M
Q2 25
$238.7M
$946.2M
Q1 25
$339.7M
$322.6M
Q4 24
$218.9M
$333.6M
Q3 24
$133.4M
$345.7M
Q2 24
$130.8M
$356.4M
Stockholders' Equity
CECO
CECO
EE
EE
Q1 26
$317.2M
$2.3B
Q4 25
$317.5M
$2.2B
Q3 25
$309.2M
$2.2B
Q2 25
$298.4M
$2.1B
Q1 25
$285.8M
$1.9B
Q4 24
$247.7M
$1.9B
Q3 24
$241.3M
$1.9B
Q2 24
$235.0M
$1.8B
Total Assets
CECO
CECO
EE
EE
Q1 26
$1.0B
$4.1B
Q4 25
$893.8M
$4.1B
Q3 25
$891.9M
$4.1B
Q2 25
$876.6M
$4.0B
Q1 25
$957.1M
$2.9B
Q4 24
$759.7M
$2.9B
Q3 24
$621.5M
$2.9B
Q2 24
$598.1M
$2.9B
Debt / Equity
CECO
CECO
EE
EE
Q1 26
0.02×
0.01×
Q4 25
0.67×
0.42×
Q3 25
0.71×
0.43×
Q2 25
0.80×
0.44×
Q1 25
1.19×
0.17×
Q4 24
0.88×
0.18×
Q3 24
0.55×
0.18×
Q2 24
0.56×
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CECO
CECO
EE
EE
Operating Cash FlowLast quarter
$60.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CECO
CECO
EE
EE
Q1 26
$60.0M
Q4 25
$10.0M
$104.4M
Q3 25
$15.3M
$114.9M
Q2 25
$-7.7M
$87.1M
Q1 25
$-11.7M
$154.8M
Q4 24
$1.8M
$49.6M
Q3 24
$15.1M
$39.8M
Q2 24
$6.7M
$90.4M
Free Cash Flow
CECO
CECO
EE
EE
Q1 26
Q4 25
$7.3M
Q3 25
$11.0M
Q2 25
$-8.7M
Q1 25
$-15.1M
Q4 24
$-4.3M
Q3 24
$11.1M
Q2 24
$2.5M
FCF Margin
CECO
CECO
EE
EE
Q1 26
Q4 25
3.4%
Q3 25
5.6%
Q2 25
-4.7%
Q1 25
-8.5%
Q4 24
-2.7%
Q3 24
8.2%
Q2 24
1.9%
Capex Intensity
CECO
CECO
EE
EE
Q1 26
Q4 25
1.2%
Q3 25
2.1%
Q2 25
0.6%
Q1 25
1.9%
Q4 24
3.9%
Q3 24
3.0%
Q2 24
3.0%
Cash Conversion
CECO
CECO
EE
EE
Q1 26
1.20×
Q4 25
3.26×
Q3 25
10.18×
Q2 25
-0.81×
Q1 25
-0.33×
Q4 24
0.37×
Q3 24
7.24×
Q2 24
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CECO
CECO

Segment breakdown not available.

EE
EE

LNG, gas and power$275.2M63%
Terminal services$158.3M37%

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